ScanSource awards 7,636 shares to legal chief
ScanSource’s chief legal officer received an equity award, with a portion of shares withheld to cover tax obligations rather than sold in the market.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
SCANSOURCE, INC. (SCSC) reported that Sr. EVP & Chief Legal Officer Shana C. Smith received a grant of 7,636 shares of Common Stock on September 1, 2026 as a compensation-related award at no stated purchase price. On the same date, 1,070 shares were withheld to satisfy tax withholding obligations upon vesting of restricted stock units, a non-market transaction. No Rule 10b5-1 trading plan is reported for these transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,636 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,070 | $56.24 | $60K |
Footnotes (1)
- F1. Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock units. This is a non-market transaction.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
non-market transaction financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SCSC report for Shana C. Smith on September 1, 2026?
Was the ScanSource (SCSC) Form 4 transaction an open-market buy or sell?
Were the SCSC insider transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.